A warning from STORM101: If you want to lose money and don’t have time to read, don’t read the report with pictures.
The liquidation party has begun (the liquidation): nearly a billion dollars, with Binance accounting for $383 million in liquidations. Their accounts were liquidated, and they’ve started gradually getting their money back from the herd with help from the signal groups.
The data says:
"The short squeeze is over. New buyers are trapped. Sellers are absorbing all buying pressure. The price has started to fall. = This is a new long trap. Anyone who entered at $80.5K is now stuck. Don’t be the next victim. Raise your stop, and hold onto your liquidity."
The rules:
· $80,000 is the last line of defense.
· Distribution is what’s happening now (buying without a price rise).
· Your stop is your only friend.
· Don’t buy until the 4H candle closes above $81,500.
Watch $80,000. Watch the 24H close. And don’t touch ETH right now.
The liquidation party has begun (the liquidation): nearly a billion dollars, with Binance accounting for $383 million in liquidations. Their accounts were liquidated, and they’ve started gradually getting their money back from the herd with help from the signal groups.
The data says:
"The short squeeze is over. New buyers are trapped. Sellers are absorbing all buying pressure. The price has started to fall. = This is a new long trap. Anyone who entered at $80.5K is now stuck. Don’t be the next victim. Raise your stop, and hold onto your liquidity."
The rules:
· $80,000 is the last line of defense.
· Distribution is what’s happening now (buying without a price rise).
· Your stop is your only friend.
· Don’t buy until the 4H candle closes above $81,500.
Watch $80,000. Watch the 24H close. And don’t touch ETH right now.
